{\Large Here is a little experiment with R and Sweave to produce a performance report. I have done some samples in the past, but I wanted to iterate through a couple more, especially to evaluate other options for what has been started in the PApages package. Of course, this text could be easily replaced with some commentary from a manager about opportunities, thoughts, or current allocation. A dashboard set of charts also might be very helpful here.}

Cumulative returns offer one of the best methods to evaluate the ability of a manager to achieve long term returns. Ultimately, the cumulative return is often one of the primary objectives of our clients.

However, cumulative returns must also be evaluated with reference to the risks incurred to generate those returns. Below are multiple risk measures. We are most concerned with limiting drawdowns shown in the bottom left chart.